BOCI Adopts CEP Platform from Progress

Progress has been working with BOCI since earlier this year, according to John Bates, founder and general manager of Progress Software's Apama division.

The Hong Kong-based bank has already deployed the vendor's offering for its algorithmic trading, Progress officials say. The bank's traders are now able to build their own trading algorithms to automatically trade across multiple exchanges.

In addition, BOCI is using the Progress Apama platform and its own trading platform connectivity to link to

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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